1 September 2009
Saffron boosts market leading Goal Saver account with rate guarantee
Goal Saver guaranteed to remain 2.35% above base rate
Saffron Building Society, the regional mutual serving East Anglia, today announces that customers taking out its market leading online Goal Saver account now have the added benefit of a new rate guarantee, ensuring they will continue to get a great return on their savings.
The rate guarantee commits the Goal Saver rate to remaining at least 2.35% (gross.p.a/AER) above the base rate for 12 months from 1st September 2009. Both new and existing customers will benefit from the rate pledge.
The news follows Saffron's recent decision to boost the Goal Saver rate to 2.85%, making it the most competitive online savings account currently available.
Sales and Marketing Director John Eastgate said:
"Saffron are constantly working to meet the needs of savers, and feel that offering a consistent rate is important - savers shouldn't have to keep switching accounts every year in pursuit of a fair rate. Saffron's Goal Saver account encourages and supports people who are saving towards a particular target. With our new rate guarantee, it's much easier to factor the additional interest in to your savings plans, and the competitive rate means there's all the more reason to get into the savings habit.".
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